Sentences with phrase «emergency bailouts in»
Not exact matches
Flaherty argues there is no need for an emergency fund in Canada, where there were no taxpayer - funded bank bailouts during the recent financial crisis.
http://www.canadianbusiness.com/
«Our liquidity position in the last 24 hours had significantly deteriorated,» announced Bear Stearns CEO Alan Schwartz, explaining to shareholders why he had no other choice than to accept an emergency bailout.
In a dramatic meeting on September 18, 2008, Treasury Secretary Henry Paulson and Fed chairman Ben Bernanke met with key legislators to propose a $ 700 billion emergency bailout.
A method like this tries to respect the taxpayer, making it unlikely that bailout funds would be tapped, while still allowing for situations where TBTF institutions could be reorganized in an emergency where the banks can't lend, rather than a quick liquidation.
As chief executives of the Big Three auto manufacturers of Detroit plead for an emergency government bailout, Custom Car Commandos, an exhibition opening at Art in General on January 16, 2009 relates the auto industry and the image industry.
PJM, in its strongly worded response to FirstEnergy's petition to DOE for an emergency bailout (see below), stated «without reservation there is no immediate threat to system reliability.»